Compliance Director - DFS9112949 in Hong Kong at DFS

Date Posted: 1/14/2021

Job Snapshot

Job Description

Based in Hong Kong, the Compliance Director is a key leader in the Legal and Compliance Department (LCD) reporting to the General Counsel. You will work in a small but dedicated team with global coverage. As the Head of Compliance, you will be responsible for the continued implementation and support of the Company’s global compliance program and accelerating its digital functions (“Compliance 2.0”). You will have one direct report in Hong Kong. The Compliance Director reviews and evaluates compliance issues and concerns within the organization and provides guidance to the senior management team. The position ensures the Company and employees comply with relevant rules and regulations, that policies and procedures are being followed, and that employee behavior meets the Company’s Employee Code of Conduct and applicable policies.

Key Responsibilities:

• Develops, initiates, maintains, and revises policies and procedures for the general operation of the Company’s Compliance infrastructure to ensure the conduct of the Company and its employees meets regulatory or compliance requirements including anti-corruption legislation, and to prevent illegal, unethical, or improper conduct.
• Institutes and maintains an effective compliance communication program, including promoting heightened awareness of the Employee Code of Conduct, and an understanding of new and existing compliance issues and related policies and procedures. Being a “Brand Ambassador” for the Legal and Compliance Department, assisting employees at all levels and locations on Compliance issues.
• Identifies potential areas of compliance vulnerability and risk, including conducting a compliance Risk Assessment, develops/implements corrective action plans for resolution of problematic issues, and provides general guidance on how to avoid or deal with similar situations in the future.
• Works with Human Resources and others as appropriate to build upon the existing compliance training program, including onboarding training for new employees as well as all employees and selected third parties.
• Collaborates with other departments (e.g., Risk Management, Internal Control, Human Resources) to direct compliance issues to appropriate existing channels for investigation and resolution. Responds to alleged violations of rules, regulations, policies, procedures, and Employee Code of Conduct by evaluating or recommending the initiation of investigative procedures, according to the Global Whistleblower Policy and internal investigations procedures. Develops and oversees a system for uniform handling of such violations, always ensuring objectivity, impartiality and fairness throughout investigative processes in accordance with internal guidelines and policies as well as generally recognized internal standards. (as needed)
• Acts as an independent review and evaluation body to ensure that compliance issues/concerns within the organization are being appropriately evaluated, investigated and resolved. Provides reports on a regular basis, and as directed or requested, to keep the Ethics and Compliance Committee and senior management informed of the operation and progress of compliance efforts, distilling key points so that they are understood by non-technical experts.
• In addition to Compliance, support the Legal and Compliance Department on special Company projects.

Key Requirements:
Your experience/background should include:
• Education: Legal background is helpful but not strictly required.
• Experience: At least 8 years of total work experience, including at least 5 years of experience in compliance, either in legal practice or at a company. Fluency in international compliance requirements such as the US FCPA, UK Bribery Act, France Sapin II, OFAC, workplace respect, etc. Experience in implementing controls that can detect and prevent instances of illegal, unethical or improper conduct by employees, agents, suppliers, contractors or other parties dealing with the Company. Additional training in specialized area such as CFE/fraud forensics, third-party due diligence and data analytics would be strong assets.
• Geography: Regional experience across Asia, including China; global experience would be a plus.
• Sector: Understanding of/exposure to luxury or retail industry; experience with digital businesses, particularly e-commerce, would be a plus.
• Skills: Excellent communication skills (speaking, presenting, drafting, reading) in English to a variety of audiences in non-technical terms. Chinese (Cantonese or Mandarin) ability strongly preferred; French is also useful. Demonstrated comfort and ability with technology systems, with strong project management and organizational skills. Demonstrated leadership skills.
• Other: Dynamic, pragmatic, commercial thinker with a flexible personality with the ability to thrive in a fast-paced and high-growth company. Creative, strategic problem solver and team-player able to work under pressure with people from diverse cultural backgrounds. Sound business judgment, mature and detail oriented, team player with a strong work ethic. Ability to interface effectively with executives to develop and maintain good working relationships and gain trust and reliance, and able to handle sensitive and confidential matters with discretion.